P7-M champagne? That's still cheap compared to this wine

ABS-CBN News

Armand de Brignac Midas (center) along with smaller bottles of the pricey champagne. Handout photo

MANILA – A bottle of champagne sold at Cove Manila on New Year’s Eve generated buzz for its ridiculously high price of P7 million.

But that price tag is nothing new compared to the expensive wines and spirits sold in auctions across the globe.

Just last November, a bottle of 2015 Setting Wines Alexander Valley Cabernet Sauvignon was scooped up for a whopping $350,000 (around P17,444,700) during a charity auction by celebrity chef Emeril Lagasse.

It is considered the priciest bottle of wine ever sold. Proceeds from the auction reportedly went to funding youth education organizations.

The Drinks Business, a website dedicated to news, opinion, and features on the global drinks industry, has also listed some of the most expensive beverages in the world.

Among these are the Chateau Lafite 1787 wine valued at $156,450 in 2015 (around P7,796,607.52 today), the Bowmore 1957 whisky which was sold in 1986 for £121,309 (around P 8,219,251.18 in today’s rates), and the Shipwrecked 1907 Heidsieck sold in 1998 for $275,000 (around P13,704,487.50 today).

Other eyebrow-raising numbers involving food and beverage include $330,000 (around P16,443,240 in today’s rates) for two white truffles, and $6.8 million (around P 338,830,400 today) for a coffee pot.